Oil & Gas Companies News

U.S. Senators Urge Obama Administration to Block Arctic Oil Drilling
United States >> 5/22/2015 - A group of 18 mostly Democratic U.S. senators on Friday urged the Obama administration to stop Royal Dutch Shell's preparations for oil exploration in the Arctic, saying the region has a severely limi...
ENOC Makes Offer to Buy Dragon Oil
United Arab Emirates >> 5/21/2015 - On 19 March 2015, Dragon Oil announced that an independent committee of the Board (the "Independent Committee") had been formed to evaluate an approach by ENOC. ...
Ambassador Extraordinary & Plenipotentiary of India Visited Snezhnoye Oilfield
Russia >> 5/21/2015 - On May 18, a delegation headed by HE the Ambassador Extraordinary and Plenipotentiary of the Republic of India in the Russian Federation, Mr. P.S. Raghavan visited Tomsk. Within the frame of his sched...
KMG EP Held Board of Directors Meeting & the Annual General Meeting of Shareholders
Kazakhstan >> 5/20/2015 - JSC KazMunaiGas Exploration Production (KMG EP) held its regular Board of Directors (“the Board”) meeting and the Annual General Meeting of Shareholders (“AGM”) on May 19, 2015. ...
SOCAR Opens New Office in Batumi
Azerbaijan >> 5/18/2015 - The opening ceremony of a new administrative building of SOCAR's Georgia-based representation was held in Batumi. The ceremony was attended by Georgian Prime Minister Irakli Garibashvili, SOCAR Presid...
Global Pacific and ITE Group Invite You to Join 22nd Africa Oil Week/Africa Upstream Conference
Global Pacific and ITE Group Invite You to Join 22nd Africa Oil Week/Africa Upstream Conference South Africa >> 5/17/2015 - The 22nd Africa Oil Week 2015 provides an event of rich-content with highest quality, first-class networking and social interface, with multiple opportunities for all to create and cement relationship...
SOCAR Press Service Statement
Azerbaijan >> 5/14/2015 - We strongly dispute the characterization that SOCAR secretly played a role in the May 2013 conference in Baku. At no time did SOCAR hide from the attendees of the conference our involvement - as the s...
Pertamina to Halt Operations at Oil Trading Arm Petral
Indonesia >> 5/13/2015 - Indonesian state-owned energy firm Pertamina will disband its oil trading arm, Petral, its chief executive said, in keeping with government efforts to clean up the country's graft-tainted oil sector. ...
Hermes Datacomms Expands Presence in Iraq
Iraq >> 5/12/2015 - Hermes Datacomms, a leading global provider of managed networks for the upstream oil and gas industry, part of the SpeedCast Group, today announced the opening of its newest office in Erbil, Iraq. The...
Gas Network Length Rising
Iran >> 5/11/2015 - The length of Iran’s gas pipeline network will rise to 62 thousand kilometers in 2025. Managing director of Iran’s Gas Transmission Company (IGTC) Mohammadali Emam made the remarks on the sidelines of...
Libyan Oil Company AGOCO Pumping Up to 260,000 Bpd
Libya >> 5/11/2015 - Libya's Arabian Gulf Oil Co (AGOCO) is producing 230,000 to 260,000 barrels per day, a company spokesman said, down some 35,000 bpd because a protest closed the Nafoura oilfield. ...
Gazprom Conducts Large-Scale Restoration of Eternal Flame Memorials Countrywide
Russia >> 5/8/2015 - Gazprom conducted a large-scale charity campaign a few days before the 70th Anniversary of the Victory in the Great Patriotic War. The Company allocated funds to support 65 Eternal Flame memorials in ...
Uganda Bid Round 2015 Promotion at 12th Africa Independents Forum 2015, London
United Kingdom >> 5/7/2015 - The Government of Uganda (GoU) announced the country’s first open competitive licensing round for petroleum exploration. This licensing round will cover six blocks in the Albertine Graben, which is a ...
Washington Gas to Invest $126 Million in Natural Gas Reserves
United States >> 5/6/2015 - Washington Gas, a subsidiary of WGL Holdings, Inc., has signed a conditional purchase and sale agreement with Energy Corporation of America (ECA) to acquire natural gas reserves through working intere...
Exercise of Options 500,000 New Shares
Kazakhstan >> 5/6/2015 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, announces that following the exercise of options 500,000 new shares ("Option Shares") have been issued. ...
Occidental Petroleum Increases Dividend
United States >> 5/5/2015 - Occidental Petroleum Corporation (OXY) announced that its Board of Directors has authorized an increase of the company’s dividend to an annual rate of $3.00 per share, from the previous annual rate of...
Halliburton Opens New HQ to Support its Operations in Indonesia
Indonesia >> 5/4/2015 - Halliburton reported that the company opened its new Indonesian headquarters in Jakarta with a ribbon-cutting ceremony April 27. This facility serves as Halliburton’s headquarters for all of its busin...
Petrobras Received OTC’s Highest Award
Brazil >> 5/3/2015 - Petrobras’ Exploration and Production Director, Solange Guedes, received the OTC Distinguished Achievement Award for Companies, Organizations and Institutions, the highest recognition that an oil comp...
Saudi Arabia to Restructure Aramco
Saudi Arabia to Restructure Aramco Saudi Arabia >> 5/1/2015 - Saudi Arabia's Supreme Economic Council has approved a restructuring of state oil company Saudi Aramco that includes separating it from the oil ministry, Al Arabiya television channel reported on Frid...
Marginal Field Delivery Consortium
Nigeria >> 5/1/2015 - The Company provides a further update on the Marginal Field Initiative of ABT Oil and Gas Ltd.(‘ABTOG’), the Company’s joint venture with ABTechnology Ltd. ABTOG has signed a Collaboration Agreement w...

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